Kenneth Keene - Feb 22, 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP, Global Supply Chain
Signature
Kenneth Keene
Stock symbol
FELE
Transactions as of
Feb 22, 2024
Transactions value $
$172,541
Form type
4
Date filed
2/26/2024, 04:38 PM
Previous filing
Feb 20, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +635 +16.35% $0.00 4.52K Feb 22, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FELE option Award $173K +1.75K $98.37 1.75K Feb 22, 2024 common stock 1.75K $98.37 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vest 3 years after the 2/22/2024 grant date.
F2 Includes 635 restricted stock units that vest on 2/22/2027, 659 restricted stock units that vest on 2/16/2026, 810 restricted stock units that vest on 2/24/2025, 1,596 restricted stock units that vest on 5/5/2025, and 819 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.